Fort Wayne Real Estate Market Report on SOLD homes for first half of 2009

July 11, 2009 at 12:31 pm Leave a comment

Fort Wayne Real Estate Market Reports on SOLD homes for first half of 2009

Houses SOLD in Fort Wayne:  1650

Average LIST price:  $115,100

Average SELLING price:  $108,717

Average SQUARE FEET1717

Average DAYS ON MARKET82

LEAST expensive home sold:  $200

MOST expensive home sold:  $1,300,000

Average DOM Breakdown and Average % of list price recieved on SOLDS by market time:

0-30 days:  95.13%

31-60 days:  94.78%

61-90 days:  94.24%

91-120 days:  94.60%

120 + days:  93.48%

How the first 6 months of SOLD homes in Fort Wayne in 2009 compares to 2008:

Houses SOLD in Fort Wayne:  1865

Average LIST price:  $116,736

Average SELLING price:  $111,362

Average SQUARE FEET:  1703

Average DAYS ON MARKET79

LEAST expensive home sold:  $1 (Bet that was a beauty!)

MOST expensive home sold:  $860,000

Average DOM Breakdown and Average % of list price recieved on SOLDS by market time 2008:

0-30 days:  96.81%

31-60 days:  95.12%

61-90 days:  95.36%

91-120 days:  94.79%

120 + days:  94.16%

So what does this report say about the Fort Wayne Real Estate Market? A few things that stand out to me are:

Over 200 less homes have sold in 2009 v. 2008.

Average selling price in Fort Wayne is only down 3.4%

Average days on market has only increased on average by 3 days.

Thankfully, the Fort Wayne Real Estate Market has not been hit as bad as a lot of other places as far as prices are concerned.

If you live in the Fort Wayne area and are considering selling your home, feel free to give us a call and we can do a free market analysis on your home!

If you are considering buying a home in the Fort Wayne area we would love to discuss the process with you and let you know what we have to offer.

All in all, Fort Wayne is a GREAT place to live and as you see above, living in Fort Wayne is very affordable!

Hope to hear from you soon!

Fort Wayne Realtor Jared Christiansen

Fort Wayne Homes For Sale

REMAX Home Connection Fort Wayne and North East Indiana

Fort Wayne Realtors Jared and Amanda…

WE work, YOU win!!

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Open house Sunday May 17th, 1-3. COMPLETELY remodeled home in desirable Indian Village in Fort Wayne!! Recently sold homes in Fort Wayne by RE/MAX Home Connection!

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